Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$99,959Cash toward the purchase price.
Closing costs + prepaids$10,061Not just lender fees.
Before credits & paid funds$110,020The complete starting cash picture.
Estimated remaining funds due at closing
$110,020No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$99,958.85
Your down payment$99,958.85
Closing costs + prepaids$10,061.25
Total buyer cash needed$110,020.10
Remaining funds due$110,020.10
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$2,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$700.21
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$109.00
Initial HOA (3 months)$1,245.00
Prepaid interest, first (26 days)$389.05
Fees + prepaids$10,061.25
Your down payment is the seller’s equity. You take over the $140,041 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $110,020.10 is due at closing. Uses and sources reconcile at $250,061.25 each. Not a Closing Disclosure.